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To: oldirtybastard who wrote (180056)7/15/2002 4:53:22 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I did July's -- same strike

BTW -- will it be sold or bought??

>>But the company said it expected growth in earnings excluding unrealized gains and losses in 2003 to be slower than the "exceptional" rates recorded for 2001 and expected for 2002, as mortgages become more expensive to buy relative to borrowing costs, squeezing margins.

At the same time, it said it still expects 2002 operating earnings growth to exceed its long-term trend. And analysts also said data showing future commitments to buying mortgages mean the company is well positioned to continue to post strong earnings.

"It's almost boring. They keep meeting or beating their numbers," said Howard Shapiro of Goldman Sachs.

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